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NGiS

Active
Private limited companyfounded 201312 yrs activeWeihoek 3, 1930 Zaventem, BelgiumKBO/BCE: BE 0540.622.966

NGiS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.72M and a net result of €487k. Equity is growing by ~54.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 90 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
69 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-6
Solvency79▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity ample (current ratio 2.99 against 3.11 in 2023; short-term debt: 32.1% and cash: 16.4% of total assets), and 45.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
54.3%
Return on assets
7.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
35 d late
2023
19 d late
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€3.72M▲ 15.0%
2023 · €3.23M
2019: €448k 2020: €696k 2021: €997k 2022: €1.66M 2023: €2.65M 2023: €3.23M
2019 → 2024
Total assets
€6.86M▲ 46.1%
2023 · €4.69M
2019: €1.38M 2020: €1.43M 2021: €1.89M 2022: €4.13M 2023: €4.70M 2023: €4.69M
2019 → 2024
Net result
€487k▼ 16.2%
2023 · €581k
2019: €233k 2020: €248k 2021: €301k 2022: €660k 2023: €996k 2023: €581k
2019 → 2024
Working capital
€4.38M▲ 44.4%
2023 · €3.03M
2019: €429k 2020: €667k 2021: €998k 2022: €1.62M 2023: €2.63M 2023: €3.03M
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320232024Trend
Equity€997k-€1.66M▲ 66.2%€2.65M▲ 60.1%€3.23M▲ 21.9%€3.72M▲ 15.0%
Operating result€455k-€994k▲ 119%€1.36M▲ 36.9%€778k▼ 42.8%€609k▼ 21.8%
Net result€301k-€660k▲ 119%€996k▲ 50.9%€581k▼ 41.7%€487k▼ 16.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€500k€1.00M€1.50MOperating result 2021: €455k€455kNet result 2021: €301k€301kOperating result 2022: €994k€994kNet result 2022: €660k€660kOperating result 2023: €1.36M€1.36MNet result 2023: €996k€996kOperating result 2023: €778k€778kNet result 2023: €581k€581kOperating result 2024: €609k€609kNet result 2024: €487k€487k20212022202320232024
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.86M
Fixed assets €278k▲ 21.6%
Current assets €6.58M▲ 47.4%
Equity and liabilities €6.86M
Equity €3.72M▲ 15.0%
Debt €3.14M▲ 115%
The debt ratio rises from 31.1% to 45.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€665k
2023 · €799k
Cash flow
€543k
2023 · €602k
Solvency
54.3%
2023 · 68.9%
Current ratio
2.99
2023 · 3.11
Quick ratio
2.87
2023 · 2.95
Debt / equity
0.84
2023 · 0.45
ROE
13.1%
2023 · 18.0%
ROA
7.1%
2023 · 12.4%
Interest coverage
112.12
2023 · 429.85
Debt
€3.14M
2023 · €1.46M
Debt ≤ 1 year
€2.20M
2023 · €1.43M
Income taxes
€178k
2023 · €204k
Staff costs
€932k
2023 · €434k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€4.69M€6.86M
Fixed assets21/28€228k€278k
Intangible fixed assets21€47k€107k
Tangible fixed assets22/27€81k€71k
Plant, machinery and equipment23€3k€1k
Furniture and vehicles24€49k€46k
Other tangible fixed assets26€29k€24k
Financial fixed assets28€100k€100k=
Current assets29/58€4.47M€6.58M
Stocks and contracts in progress3€234k€246k
Stocks30/36€234k€246k
Amounts receivable within one year40/41€2.87M€5.07M
Trade receivables40€1.97M€2.05M
Other amounts receivable41€891k€3.02M
Current investments50/53€514k-
Cash at bank and in hand54/58€846k€1.13M
Deferred charges and accrued income490/1€8k€135k
Equity and liabilities
Total equity and liabilities10/49€4.69M€6.86M
Equity10/15€3.23M€3.72M
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€978k€978k=
Tax-exempt reserves132€214€214=
Distributable reserves133€978k€978k=
Profit (loss) carried forward14€2.24M€2.72M
Amounts payable17/49€1.46M€3.14M
Amounts payable within one year42/48€1.43M€2.20M
Current portion of amounts payable after more than one year42€24k-
Trade debts44€1.15M€1.97M
Suppliers440/4€1.15M€1.97M
Advances received on contracts in progress46€53k€54k
Taxes, remuneration and social security45€203k€174k
Taxes450/3€128k€80k
Remuneration and social security454/9€75k€94k
Other amounts payable47/48€2k€2k=
Accrued charges and deferred income492/3€26k€934k
Income statement Code20232024
Remuneration, social security and pensions62€434k€932k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€57k
Other operating charges640/8€8k€12k
Gross operating margin9900€1.24M€1.61M
Operating profit (loss)9901€778k€609k
Financial income75/76B€9k€62k
Recurring financial income75€9k€62k
Financial charges65/66B€2k€6k
Recurring financial charges65€2k€6k
Profit (loss) for the period before taxes9903€785k€665k
Income taxes67/77€204k€178k
Profit (loss) for the period9904€581k€487k
Profit (loss) for the period to be appropriated9905€581k€487k
Appropriation of the result
Profit (loss) to be appropriated9906€2.24M€2.72M
Profit (loss) brought forward from the previous period14P€1.66M€2.24M
Social balance
Average headcount (FTE)908711.9-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
04-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 35 days late
2024
19-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
31-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial Highest result since 2019net €996k ▲50.9%
Operating result €1.36M, net result €996k, both a record.
30-06
Financial Equity above €2MEq €2.65M ▲60.1%
5 profitable years in a row build equity to €2.65M.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Equity above €1MEq €1.66M ▲66.2%
4 profitable years in a row build equity to €1.66M.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial Equity above €500kEq €696k ▲55.4%
2 profitable years in a row build equity to €696k.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2013
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Weihoek 31930 Zaventem
Ground area
1.8 ha
Building footprint
6,151 m²
Volume, LiDAR
51,525 m³
Parcel 23057C0016/00B000, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NGiS
Weihoek 3, 1930 ZaventemGeneral electrical installation work
since 20132.223.494.277
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23057C0016/00B000 Flanders 1.8 ha 1 · 6,151 m² 11.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

1 connected company
Network connections
SCREEN SERVICES
Shared address

Similar companies · same sector, comparable size

Of 1,376 companies in sector 61100 we hold annual accounts for 586. 151 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-10-2013
Fiscal year end31-12
Activities, NACEBEL
61100Wired, wireless and satellite telecommunications
61200Telecommunications
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.